Breaking News } Flash Flood Watch for Johnston county.

Real Deals:  A developer, 21c Museum Hotel, has opened a similar property in Louisville and has two more under construction in Cincinnati, and Bentonville, Ark. 21c is seeking $5 million in incentives from the city and county to renovate the landmark property.

Real Deals:  The son of the former Raleigh mayor recently bought a retail center on W. Morgan Street. It’s the third commercial property he’s bought in the downtown area in recent years.

Real Deals:  The deal, which works out to $200,489 for each unit in the complex, is a record for the Triangle. It speaks to how attractive the Triangle apartment market has become to investors.

Real Deals:  The return of essential services to downtown Raleigh is a sign of the ongoing revitalization of the area.

Real Deals:  The proposed project would replace the Richmond Hills apartments, which the developer bought early last year. The proposed project, Crabtree North, would include about 500 units and a parking garage.

Real Deals:  The lack of new construction in recent years has created an opportunity for builders offering quality product at competitive price in a good location. With most of the good locations now taken, builders are likely to face higher land acquisition costs going forward.

Real Deals:  Homes that have reductions in listing prices typically stay on the market longer and sell for more of a discount off the original list price, data shows.

Real Deals:  Earlier this month ECI Group paid $2.2 million for a 19-acre site in Apex where it plans to build a 300-unit project called the Columns at Broadstone.

Real Deals:  Over the past month, the owners of two prominent Raleigh commercial properties - the Seaboard Station retail center near William Peace University and the Offices at Wade buildings near the RBC Center - have filed for Chapter 11 bankruptcy.

Real Deals:  With its tight supply and high barriers to entry, southern Orange County has long been among the best performing markets in the Triangle. Now, at a time when the apartment market is benefiting from the woes in the housing market, that is even more the case.

Real Deals:  Folks who continue to lament the lack of development around the RBC Center in West Raleigh got some good news this month with the opening of a new hotel in its shadow.

Real Deals:  It's hard not to think of the housing bust when you first visit the Poplar Creek Village subdivision off Poole Road.

Real Deals:  When a real estate deal doesn't turn out as planned, there are two things that you can be fairly certain will occur: Monday-morning quarterbacking and finger-pointing.

Real Deals:  Why aren't more new homes getting built in the Triangle? For the past several years, you didn't have to look very hard to find plenty of reasons to explain the lack of new residential construction taking place.

Real Deals:  Home to a successful minor league sports team and a vibrant mix of offices and restaurants, Durham's American Tobacco Campus has emerged as the kind of successful downtown revitalization project that other cities pine for.

Real Deals:  A Charlotte firm has bought the debt on North Hills developer John Kane's Ramblewood residential development, which is now in default on nearly $26 million in loans.

Real Deals:  When a major tenant decides to relocate, you can expect that the landlord being deserted will do his or her best to spin the situation in a better light.